• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Interesting "historical" numbers.

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Interesting "historical" numbers.

    Click image for larger version

Name:	20201026_083344~3.jpg
Views:	1
Size:	98.9 KB
ID:	779521

    Some say the repeat of late 80's early 90's won't happen.

    #2
    The value of a 10-15% drop in today's land values is what I paid for most of my land....lol.

    Multiple years of those decreases and it gets real ugly.

    But it can't and won't happen.....ever!

    Comment


      #3
      Im not sure it’s actually a rise in farmland value but more of a indiction of inflation. I think a machinery cost $ chart would show similar increases.

      Comment


        #4
        Depends on interest rates.

        Comment


          #5
          Originally posted by BreadWinner View Post
          Im not sure it’s actually a rise in farmland value but more of a indiction of inflation. I think a machinery cost $ chart would show similar increases.
          Ahem, I doubt farm machinery prices went down.

          Comment


            #6
            I honestly think some land is being traded around here at values that investors aren't even interested in.

            I wonder if the party is just about over?

            Comment


              #7
              Originally posted by farmaholic View Post
              I honestly think some land is being traded around here at values that investors aren't even interested in.

              I wonder if the party is just about over?
              Imho Canada will be flirting with negative interest rates this time. In that scenario assets like land will rise.

              This is a whole new ball game.

              Comment


                #8
                I have no land bought that even a 50% correction would hurt me. Hell, not even a 75% correction off today's values.

                I'm good to go.....

                Current values make me nervous. But so did the purchase price of land I bought 15 to 35 years ago, lol.

                Is it ok to "lol" now?

                Comment


                  #9
                  Originally posted by farmaholic View Post
                  I have no land bought that even a 50% correction would hurt me. Hell, not even a 75% correction off today's values.

                  I'm good to go.....

                  Current values make me nervous. But so did the purchase price of land I bought 15 to 35 years ago, lol.

                  Is it ok to "lol" now?
                  It is never ok to lol, now that the precedent has been set by the chronic lol'er.
                  Make Agriville Great Again.

                  Comment


                    #10
                    As interest rates fall, asset prices will rise. The trend in farmland values, especially since 2008, fits this pattern perfectly. It will be interesting to see what mayhem occurs when interest rates go negative across the board.

                    Comment

                    • Reply to this Thread
                    • Return to Topic List
                    Working...